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Nigeria - Cellular Plates, Sheets and Films of Polyymers of Styrene - Market Analysis, Forecast, Size, Trends and Insights
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View PricingNigeria: Market for Cellular Plates, Sheets and Films of Polyymers of Styrene 2024
Market Size for Cellular Plates, Sheets and Films of Polyymers of Styrene in Nigeria
In 2023, after two years of decline, there was significant growth in the Nigerien market for cellular plates, sheets and films of polyymers of styrene, when its value increased by X% to $X. Over the period under review, consumption continues to indicate a buoyant expansion. As a result, consumption reached the peak level of $X. From 2021 to 2023, the growth of the market failed to regain momentum.
Exports of Cellular Plates, Sheets and Films of Polyymers of Styrene
Exports from Nigeria
In 2023, approx. X tons of cellular plates, sheets and films of polyymers of styrene were exported from Nigeria; rising by X% compared with the previous year's figure. In general, exports posted a prominent expansion. The exports peaked at X tons in 2015; however, from 2016 to 2023, the exports stood at a somewhat lower figure.
In value terms, exports of cellular plates, sheets and films of polyymers of styrene surged to $X in 2023. Overall, exports continue to indicate a significant increase. Over the period under review, the exports of hit record highs at $X in 2015; however, from 2016 to 2023, the exports remained at a lower figure.
Exports by Country
Spain (X tons) was the main destination for exports of cellular plates, sheets and films of polyymers of styrene from Nigeria, with a X% share of total exports. Moreover, exports of cellular plates, sheets and films of polyymers of styrene to Spain exceeded the volume sent to the second major destination, Benin (X kg), more than tenfold.
From 2012 to 2023, the average annual rate of growth in terms of volume to Spain stood at X%.
In value terms, Spain ($X) remains the key foreign market for cellular plates, sheets and films of polyymers of styrene exports from Nigeria, comprising X% of total exports. The second position in the ranking was taken by Benin ($X), with a X% share of total exports.
From 2012 to 2023, the average annual rate of growth in terms of value to Spain stood at X%.
Export Prices by Country
The average export price for cellular plates, sheets and films of polyymers of styrene stood at $X per ton in 2023, rising by X% against the previous year. In general, the export price continues to indicate a noticeable increase. Over the period under review, the average export prices attained the peak figure at $X per ton in 2013; however, from 2014 to 2023, the export prices failed to regain momentum.
Average prices varied noticeably for the major export markets. In 2023, amid the top suppliers, the country with the highest price was Spain ($X per ton), while the average price for exports to Benin totaled $X per ton.
From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Spain (X%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Cellular Plates, Sheets and Films of Polyymers of Styrene
Imports into Nigeria
In 2023, after two years of decline, there was significant growth in overseas purchases of cellular plates, sheets and films of polyymers of styrene, when their volume increased by X% to X tons. Over the period under review, imports saw significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by X%. As a result, imports attained the peak of X tons. From 2021 to 2023, the growth of imports of remained at a lower figure.
In value terms, imports of cellular plates, sheets and films of polyymers of styrene declined rapidly to $X in 2023. In general, imports showed a resilient expansion. The growth pace was the most rapid in 2020 when imports increased by X%. As a result, imports reached the peak of $X. From 2021 to 2023, the growth of imports of remained at a somewhat lower figure.
Imports by Country
In 2023, China (X tons) was the main supplier of polystyrene cellular plates, sheets and films to Nigeria, accounting for a X% share of total imports. It was followed by the United States (X tons), with a X% share of total imports.
From 2012 to 2023, the average annual rate of growth in terms of volume from China stood at X%.
In value terms, China ($X) constituted the largest supplier of cellular plates, sheets and films of polyymers of styrene to Nigeria, comprising X% of total imports. The second position in the ranking was held by the United States ($X), with a X% share of total imports.
From 2012 to 2023, the average annual rate of growth in terms of value from China totaled X%.
Import Prices by Country
In 2023, the average import price for cellular plates, sheets and films of polyymers of styrene amounted to $X per ton, declining by X% against the previous year. In general, the import price continues to indicate a abrupt slump. The pace of growth appeared the most rapid in 2022 when the average import price increased by X% against the previous year. Over the period under review, average import prices attained the peak figure at $X per ton in 2016; however, from 2017 to 2023, import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was the United States ($X per ton), while the price for China amounted to $X per ton.
From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Turkey (X%), while the prices for the other major suppliers experienced a decline.
Source: IndexBox Platform
This report provides an in-depth analysis of the market for polystyrene cellular plates, sheets and films in Nigeria. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 22214120 - Cellular plates, sheet, film, foil and strip of polymers of styrene
Country coverage:
- Nigeria
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Nigeria
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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